Comparing TrustCo Bank Corp NY (NASDAQ:TRST) and TriCo Bancshares (NASDAQ:TCBK)

TrustCo Bank Corp NY (NASDAQ:TRSTGet Free Report) and TriCo Bancshares (NASDAQ:TCBKGet Free Report) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, profitability, dividends, valuation and earnings.

Analyst Recommendations

This is a summary of recent ratings for TrustCo Bank Corp NY and TriCo Bancshares, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TrustCo Bank Corp NY 0 0 0 0 N/A
TriCo Bancshares 0 1 3 0 2.75

TriCo Bancshares has a consensus target price of $42.00, suggesting a potential upside of 20.10%. Given TriCo Bancshares’ higher possible upside, analysts plainly believe TriCo Bancshares is more favorable than TrustCo Bank Corp NY.

Insider & Institutional Ownership

67.8% of TrustCo Bank Corp NY shares are owned by institutional investors. Comparatively, 62.4% of TriCo Bancshares shares are owned by institutional investors. 3.3% of TrustCo Bank Corp NY shares are owned by company insiders. Comparatively, 4.3% of TriCo Bancshares shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares TrustCo Bank Corp NY and TriCo Bancshares’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
TrustCo Bank Corp NY 23.98% 9.36% 0.96%
TriCo Bancshares 23.49% 10.64% 1.19%

Volatility and Risk

TrustCo Bank Corp NY has a beta of 0.83, meaning that its share price is 17% less volatile than the S&P 500. Comparatively, TriCo Bancshares has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500.

Dividends

TrustCo Bank Corp NY pays an annual dividend of $1.44 per share and has a dividend yield of 5.3%. TriCo Bancshares pays an annual dividend of $1.32 per share and has a dividend yield of 3.8%. TrustCo Bank Corp NY pays out 46.8% of its earnings in the form of a dividend. TriCo Bancshares pays out 37.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. TriCo Bancshares has raised its dividend for 1 consecutive years.

Earnings and Valuation

This table compares TrustCo Bank Corp NY and TriCo Bancshares’ revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
TrustCo Bank Corp NY $244.52 million 2.13 $58.65 million $3.08 8.87
TriCo Bancshares $499.75 million 2.33 $117.39 million $3.52 9.93

TriCo Bancshares has higher revenue and earnings than TrustCo Bank Corp NY. TrustCo Bank Corp NY is trading at a lower price-to-earnings ratio than TriCo Bancshares, indicating that it is currently the more affordable of the two stocks.

Summary

TriCo Bancshares beats TrustCo Bank Corp NY on 12 of the 16 factors compared between the two stocks.

About TrustCo Bank Corp NY

(Get Free Report)

TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals and businesses. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. It operates through banking offices in Albany, Columbia, Dutchess, Greene, Montgomery, Orange, Putnam, Rensselaer, Rockland, Saratoga, Schenectady, Schoharie, Ulster, Warren, Washington, and Westchester counties of New York; Brevard, Charlotte, Flagler, Hillsborough, Indian River, Lake, Manatee, Martin, Orange, Osceola, Palm Beach, Polk, Sarasota, Seminole, and Volusia counties in Florida; Bennington County in Vermont; Berkshire County in Massachusetts; and Bergen County in New Jersey, as well as automatic teller machines. The company was founded in 1902 and is headquartered in Glenville, New York.

About TriCo Bancshares

(Get Free Report)

TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; mortgage, auto, other vehicle, and personal loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; credit and debit cards; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. Further, it provides checking, saving, and money market accounts, as well as individual retirement accounts; equipment financing; certificate of deposit account registry service; certificated of deposit; and IntraFi cash service. TriCo Bancshares was founded in 1975 and is headquartered in Chico, California.

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